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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Assets:    
Cash and due from banks $ 663,132 $ 169,297
Securities available-for-sale, at fair value 926,812 950,587
Securities held-to-maturity 605,642 585,798
Loans held for sale 2,171  
Loans held for investment, net of fees and costs 10,731,845 10,566,831
Allowance for credit losses (78,335) (83,507)
Total loans held for investment, net 10,653,510 10,483,324
Premises and fixed assets, net 45,863 46,749
Restricted stock 105,258 88,745
Bank Owned Life Insurance ("BOLI") 335,455 333,292
Goodwill 155,797 155,797
Other intangible assets 6,107 6,484
Operating lease assets 57,204 57,857
Derivative assets 130,294 154,485
Accrued interest receivable 49,926 48,561
Other assets 104,553 108,945
Total assets 13,841,724 13,189,921
Due to depositors:    
Interest-bearing deposits 7,447,990 6,735,189
Non-interest-bearing deposits 3,122,245 3,519,218
Total deposits 10,570,235 10,254,407
Federal Home Loan Bank of New York ("FHLBNY") advances 1,498,000 1,131,000
Other short-term borrowings 2,068 1,360
Subordinated debt, net 200,261 200,283
Derivative cash collateral 120,680 153,040
Operating lease liabilities 59,757 60,340
Derivative liabilities 115,568 137,335
Other liabilities 83,902 82,573
Total liabilities 12,650,471 12,020,338
Commitments and contingencies
Stockholders' equity:    
Preferred stock, Series A ($0.01 par, $25.00 liquidation value, 10,000,000 shares authorized and 5,299,200 shares issued and outstanding at March 31, 2023 and December 31, 2022) 116,569 116,569
Common stock ($0.01 par, 80,000,000 shares authorized, 41,621,772 shares issued at March 31, 2023 and December 31, 2022, and 38,804,361 shares and 38,573,000 shares outstanding at March 31, 2023 and December 31, 2022, respectively) 416 416
Additional paid-in capital 493,801 495,410
Retained earnings 789,010 762,762
Accumulated other comprehensive loss, net of deferred taxes (98,638) (94,379)
Unearned equity awards (13,468) (8,078)
Treasury stock, at cost (2,817,411 shares and 3,048,772 shares at March 31, 2023 and December 31, 2022, respectively) (96,437) (103,117)
Total stockholders' equity 1,191,253 1,169,583
Total liabilities and stockholders' equity $ 13,841,724 $ 13,189,921